The seven-story building, which is being developed by Forest City, will feature 177 studio, one- and two-bedroom apartments and 7,300 square feet of ground-floor retail space when it opens later this year. Plans also call for 276 vehicle parking stalls, as well as a slew of open space amenities.

Togawa Smith Martin is designing the podium-type building, which is clad with a mix of red metal panels and white stucco. It will be separated from its historic neighbor through a landscaped paseo, cutting north to south between 11th Street and an adjoining alleyway.